The Hain Celestial Group, Inc. (HAIN) to Release Earnings on Tuesday
The Hain Celestial Group, Inc. (NASDAQ:HAIN) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, November 7th. Analysts expect The Hain Celestial Group to post earnings of $0.24 per share for the quarter. The Hain Celestial Group has set its FY18 guidance at $1.63-1.80 EPS.
The Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings data on Tuesday, August 29th. The company reported $0.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.03. The Hain Celestial Group had a net margin of 2.36% and a return on equity of 7.65%. The business had revenue of $725.10 million during the quarter, compared to analyst estimates of $720.70 million. During the same period last year, the business posted $0.43 earnings per share. The Hain Celestial Group’s quarterly revenue was down 1.7% compared to the same quarter last year. On average, analysts expect The Hain Celestial Group to post $1.67 EPS for the current fiscal year and $1.86 EPS for the next fiscal year.
Shares of The Hain Celestial Group, Inc. (HAIN) traded up 0.53% during mid-day trading on Tuesday, reaching $35.79. 696,264 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $40.08 and a 200 day moving average price of $38.99. The firm has a market capitalization of $3.71 billion, a price-to-earnings ratio of 55.06 and a beta of 1.28. The Hain Celestial Group, Inc. has a 12-month low of $31.01 and a 12-month high of $45.61.
A number of research firms recently commented on HAIN. Loop Capital began coverage on shares of The Hain Celestial Group in a research report on Monday, July 31st. They set a “hold” rating and a $46.00 target price for the company. BidaskClub raised shares of The Hain Celestial Group from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Susquehanna Bancshares Inc set a $45.00 price objective on shares of The Hain Celestial Group and gave the stock a “hold” rating in a research note on Tuesday, August 22nd. UBS AG lowered shares of The Hain Celestial Group from a “positive” rating to a “neutral” rating in a research note on Tuesday, August 22nd. Finally, Sanford C. Bernstein initiated coverage on shares of The Hain Celestial Group in a research note on Friday, October 6th. They issued a “market perform” rating and a $45.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, sixteen have issued a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $42.13.
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About The Hain Celestial Group
The Hain Celestial Group, Inc is an organic and natural products company. The Company and its subsidiaries manufacture, market, distribute and sell organic and natural products under brand names which are sold as better-for-you products. The Company’s segments include United States, United Kingdom, Hain Pure Protein and Rest of World.
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